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JAPAN
Oct 2, 2000

Consolidated business tax eyed for 2002

The tax panel of the ruling Liberal Democratic Party plans to introduce a consolidated corporate tax system in fiscal 2002 to help companies restructure, panel sources said Sunday.
JAPAN / Media / MEDIA MIX
Sep 21, 2000

Japan insurance market just a phone call away

For the past several years, the insurance industry has been battered on two fronts by bad publicity. On the one hand, the collapse of almost all the major life insurance companies has been blamed on poor investment choices and even poorer management, while on the other, the spate of recent murder-for-insurance...
JAPAN
Sep 7, 2000

Yaohan chief extracts success from failure

OSAKA -- It is considered difficult and extremely unusual in Japan for those who have failed once in businesses to have a chance to succeed again.
BUSINESS
Sep 3, 2000

Five firms to integrate Tokyo cable TV businesses

Fujitsu Ltd., Secom Co., Tokyo Electric Power Co. and Marubeni Corp. have agreed to integrate their cable television (CATV) businesses to create the industry's second largest CATV operator, sources within the industry said Saturday.
COMMUNITY
Sep 3, 2000

Kennedy gives answers with Tokyo Q online

Rick Kennedy loves Tokyo. He has been here for years, yet still can't get over the kindness of its citizens, the flawless attention to detail, the sensory feast to be partaken of at every twist and turn -- much of which can be eaten and drunk! So great is his enthusiasm that we missed our stop, Hamamatsucho,...
BUSINESS
Sep 1, 2000

Ripplewood to run failed insurer

The U.S. investment company Ripplewood Holdings LLC, the parent of Shinsei Bank, will take over the operations of the failed Daiichi Mutual Fire & Marine Insurance Co., industry sources said Thursday.
BUSINESS
Aug 30, 2000

Chemical firm disputes EC's fines

Leading chemical maker Kyowa Hakko Kogyo Co. has filed a complaint with the Luxembourg-based Court of Justice claiming the European Commission broke a promise when it calculated a price-fixing fine imposed on the company, the firm said Tuesday.
BUSINESS
Aug 24, 2000

Sogo to close down Yurakucho store

Sogo Co., the failed department store operator that has applied for rehabilitation measures under court protection, will close its store in the Yurakucho district of Tokyo's Chiyoda Ward on Sept. 24, the company announced Wednesday.
COMMENTARY
Aug 19, 2000

Labor challenges for Japan

Since the end of the Cold War -- symbolized by the collapse of the Berlin Wall on Nov. 9, 1989 -- "globalization" has become the world's most controversial subject. But what does "globalization" mean?
BUSINESS
Aug 18, 2000

Secondhand comic book firm tapping into American interest in 'manga'

Savoring his success dealing in secondhand comic books and character items in Japan, Masuzo Furukawa, president of Mandarake Inc., is now eyeing an overseas market he believes is thirsting for Japanese "manga" culture.
JAPAN / Media / MEDIA MIX
Aug 17, 2000

Support the economy -- take a vacation

If all you knew about Japan was what you saw on Japanese TV, you might think the Japanese are the most well-traveled citizens in the world. No other broadcast culture offers as many travel programs in which happy-go-lucky celebrity guides see the sights, interact freely with the natives and, most importantly,...
BUSINESS
Aug 15, 2000

Realtor Hiei fails, leaving debts of 650 billion yen

Tokyo-based real estate company Hiei Sangyo has filed with the Tokyo District Court for special liquidation, becoming the sixth largest corporate bankruptcy this year with about 450 billion yen in liabilities, a private credit research institute said Monday.
JAPAN
Jul 16, 2000

Yamazaki starts recall of moldy curry buns

OSAKA -- Yamazaki Baking Co. has retrieved more than 4,100 curry-flavored buns it recalled after convenience stores in Osaka and Hyogo prefectures reported that some of the products appeared to contain mold, officials of the company's factory in Osaka said Saturday.
JAPAN
Jul 12, 2000

Snow recycled milk into 'new' products

OSAKA -- Snow Brand Milk Products Co.'s Osaka plant, where a valve contaminated with bacteria has been linked to a massive outbreak of food poisoning, recycled milk products that were returned from stores to make "new" products, according to the Osaka Municipal Government.
BUSINESS
Jul 11, 2000

Embattled Sogo sets up panel to share out managers' blame

Department store operator Sogo Co. said Monday that it will set up a panel to examine management responsibility as a way to obtain public understanding for a controversial government bailout plan.
JAPAN
Jul 4, 2000

Toll from contaminated milk passes 7,000

OSAKA -- Over 7,000 people had been affected by food poisoning as of Monday after drinking low-fat milk marketed by Snow Brand Milk Products Co., while only 15 percent of the milk subject to recall had been retrieved.
JAPAN
Jul 3, 2000

Detention of ex-minister Nakao extended

The Tokyo District Court has decided to allow former Construction Minister Eiichi Nakao to be detained for another 10 days through July 11, sources said Sunday.
JAPAN
Jun 25, 2000

Team gives small firms help in environment management

KYOTO — Although major companies are accelerating efforts to obtain international recognition of their environmental management systems, few small and medium-size firms are following suit due to the high cost of certification and a lack of knowledge.
JAPAN
Jun 16, 2000

Asahi backs out of planned tieup with Sanwa, Tokai

Three months after signing a basic agreement to integrate its management with Sanwa Bank and Tokai Bank, Asahi Bank reversed its stance Thursday and said it will pull out of the three-way consolidation plan.
LIFE / Travel
Jun 14, 2000

Bombardiers and polar bears

TORONTO -- The Bombardier died about 10 km out of Arviat, and that was a stroke of luck. It's nearly 800 km from Churchill to Rankin Inlet as the snowmobile travels and there are only two settlements along the way. We broke down close to one of them.
BUSINESS
Jun 3, 2000

Share price drop halts merger talks

Japan Energy Corp., the nation's fifth-largest oil refiner and wholesaler, said Friday that it has suspended talks with Nippon Mining & Metals Co. on creating a joint holding company at the request of the copper smelting subsidiary.
BUSINESS
Jun 2, 2000

Prudential to buy Kyoei shares

Kyoei Life Insurance Co. stands to gain up to 30 billion yen from Prudential Insurance Co. of America, which will buy new shares in the firm. The two companies said Thursday that they have signed a memorandum of understanding, which if realized, would see Prudential purchase a minority interest in the...
BUSINESS
May 26, 2000

KDD pushes net balance into black for '99

KDD Corp. said Thursday that its consolidated net balance returned to the black in fiscal 1999, due to brisk earnings from domestic phone services and a number of one-off factors, including mammoth gains from securities sales.

Longform

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How remote work is rewriting the migrant experience in Japan